$BTC The year 2024 began with great levels for all the cryptocurrencies including Bitcoin and Ethereum and also for crypto enthusiasts. The largest cryptocurrency in the world, BTC has lost approximately 65% of its market value in the entire last year. Crypto enthusiasts were caught off guard by a series of unpredictable events such as the Terra Luna crash, FTX fall, macroeconomic conditions and Binance guilty plea.
Last year was strong for the cryptocurrencies as the crypto world showed signs of recovery. Bitcoin even raised an average of 0.39 in the month of July at around $31,000 in 2023. The crypto world showed immense recovery at the end of the year, with BTC rising at good levels. At the beginning of this year, Jan. 3, 2024, BTC was at $45,203, market capitalization at $886.64 billion and market volume at $31.76 billion. Bitcoin rises high as expected. As of Feb. 13, 2024, BTC hit the level of $50,107 for the first time since Dec. 2021 with a market capitalization of $982.72 billion and a market capitalization of $1.87 trillion.
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